Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He has shared his reasons for being bullish on bitcoin. He is waiting for bitcoin to find a bottom before he gets in. This could be as low at $9K.

Kiyosaki Thinks Bitcoin’s Price Could Drop to $9K

Robert Kiyosaki is still bullish on bitcoin. He’s waiting for the price of BTC to test a new bottom before getting in.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. The New York Times Best Seller List has had it for six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Wednesday, “I remain bullish on bitcoin’s future.” He added that he’s waiting for bitcoin to test a new bottom, suggesting that it could be $20K, $14K, $11K, or even $9K.

The famous author went on to explain why he is still bullish about Bitcoin. According to Kiyosaki, the Federal Reserve and Treasury Department are corrupt and will eventually self-destruct before they can regain honesty, integrity and moral compass.

Last week, Kiyosaki tweeted that he’s waiting for the bottom before getting into bitcoin. At the time, he expected the bottom to be around $17K but later said that it could even be lower, at $11K.

This is not the first time that Kiyosaki expressed distrust in the Biden administration and the Treasury. For a long time, the famous author has been recommending bitcoin for investors.

In March, Kiyosaki stated that the U.S. Dollar was in danger of collapsing and blamed President Biden for creating inflation. He recommended gold, silver, bitcoin (BTC), ethereum (ETH), and solana (SOL) as investments at the time.

But, Kiyosaki has warned before that crypto has its problems. He warned that the government would eventually seize all cryptos and make them into government crypto. He said that crypto is “giving birth to government fake fiat money ” because of the Russia-Ukraine conflict.

What do you think about Robert Kiyosaki’s comments? Please leave your comments below.

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